Stock Analysis

Saber rattling from world leaders seeking the ouster of Iraq from Kuwait, took the wind out of a mini-rally on Wall Street last week.

As a result, the Daily Press Stock Index closed the five-day session roughly where it began: up a modest .21 of a point, or .01%, to 2263.93.

Circuit City short-circuited shareholders last week following reports it posted a 7 percent drop in same-store sales in the month of October. The consumer electronics retailer sank like a stone, shedding $3 a share.

Sell orders also pummeled the price of Reynolds Metals, which fell $4.75. The entire aluminum group has fallen recently amid weak pricing.

Anheuser-Busch, in contrast, gained $1.13. The stock was highlighted as potentially posting higher revenues if a recession should hurt incomes.